602 E Pope StMonticelloAR71655
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Monticello at 602 E Pope St, Monticello, AR, 71655 priced at $225,000 converts $1,657/mo rent into $305/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,657/mo, and annual cash flow totals $3,657/yr on $74,588 invested. Return on cash invested prints 24.81% in year one, and rental yield reads 8.84% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 128.9% and total cumulative return in cash sums $96,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,657/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1982
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71655, Monticello, AR area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,813 (100%) |
| Owner Occupied HU | 3,613 (53.0%) |
| Renter Occupied HU | 2,236 (32.8%) |
| Vacant Housing Units | 964 (14.1%) |
| Median Home Value | $181,828 |
| Average Home Value | $217,542 |
Housing Distribution
Address Breakdown
Residential
6,542
Single Family
6,114
Multi-Family
428
Businesses
470
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Listed by: Virginia S Ward • Monticello Realty
Mls Name: CARMLS
Mls ID: #25044938